Nadim Ashi Of Fort Partners Sells Condo At 9165 Collins Avenue In Surfside For $386.4M
9165 Collins Avenue In Surfside & 9165 Collins Avenue
$386,400,000
Building Size
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Asset Type
—
Closing
May 6, 2026
AI
The property involved in this transaction is a condo located at 9165 Collins Avenue in Surfside. It was sold for a total of $386,400,000, making it a notable sale in the area. The asset is part of Fort Partners’ Seaway North at the Surf Club and consists of 10 units, averaging $38.6 million each, which positions it among the highest-priced condo buildings in Miami-Dade County on a per-unit basis.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $386,400,000
- Seller: Nadim Ashi - Fort Partners
- Market: Surfside
- Average Price per Unit: $38,600,000
This transaction underscores the surging demand for branded beachfront residences associated with the Four Seasons ecosystem. Buyers in this deal are driven by factors such as scarcity, wealth migration, and the Surf Club’s appeal as a status symbol.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93